
San Clemente, California 92672
This Prime Investment Opportunity is a Turnkey Triplex listed at $2,375,000, positioned slightly above the $2,276,369 Fair Market Value. While priced at market, the property offers a Condition Rating of 2, featuring modern kitchens, stainless steel appliances, and individual washer/dryer access. Its oceanside location near the I-5 freeway ensures high rental demand, while the detached front unit and enclosed garages provide significant competitive advantages. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating asset in a premier coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 817 Calle Puente Subject | $2,375,000* List Price | 0 | 0 | 2,242 | $1,015 | - |
A 139 W Canada Sold | $1,965,000 | 0 | 0 | 2,166 | $907 | 0.1 mi |
B 221 Avenida De La Grulla Sold | $2,350,000 | 0 | 0 | 2,742 | $857 | 0.3 mi |
C 105 E Marquita Sold | $1,875,000 | 0 | 0 | 1,443 | $1,299 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Recently remodeled turnkey triplex featuring modern kitchens with stainless steel appliances and butcher block counters, updated bathrooms with new plumbing and tile, newer windows, and recessed lighting throughout.
Situated on the oceanside of the I-5 freeway, this property offers exceptional proximity to beaches, parks, and downtown San Clemente, ensuring high rental demand and long-term desirability.
The triplex has been comprehensively upgraded with modern kitchens featuring butcher block counters, stainless steel appliances, and renovated bathrooms, allowing for immediate rental income without the need for initial capital improvements.
The property provides high-value features including a detached front unit for privacy, individual washer/dryer access for each unit, and enclosed garages, which are significant competitive advantages in the local rental market.
Despite its proximity to the coast, the property lacks ocean or scenic views, which may limit the ability to command the highest premium rents compared to neighboring properties with vistas.
With a lot size of 4,792 square feet for three units, the outdoor space is relatively limited, which may be a drawback for tenants seeking larger private yards or for future expansion potential.
Oceanside of the 5 freeway and nearby beaches and parks. Remodeled triplex offers an outstanding opportunity to acquire rental turnkey units along the coast. All units were upgraded- kitchens featuring stainless steel appliances, butcher block counters, backsplash walls, and flooring complete with baseboards throughout. The bathrooms were upgraded with new tile, vanities, sinks, and plumbing. Recessed lighting, ceiling fans, and newer windows. Each unit also has their own washer/dryer access, no sharing with others. Enclosed garages make this property complete. Front unit is a detached one bedroom, one bath. Back building is 2, two bedrooms, one bath unit each with their own yard area. Nearby Las Palmas Elementary, parks beaches , restaurants etc.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,242 | 1,526 |
| Lot Size | 4,792 | 3,920 |
| Price | $2.38M | $1.92M |
| Price per sq ft | $1.1K | $793 |
| Built year | 1972 | 1977 |
| HOA | $0 | $475 |
| Days on market | 16 | 101 |
Jul 6, 2026
$2,375,000
Initial Listing
Feb 14, 2022
$1,975,000
Public Record
Sep 18, 2020
$1,267,000
Public Record